Heritage Foods board approves merger of wholly-owned yogurt unit Heritage Novandie Foods

Dairy company Heritage Foods Ltd said its board has approved the merger of its wholly-owned subsidiary, Heritage Novandie Foods, with itself. “No cash consideration will be involved,” the company said, as the unit being merged is a wholly owned subsidiary. Moreover, no shares will be issued, so the company’s shareholding pattern will not change following […]

India eyes 30 million tonnes fish output in 5 years, seafood exports of Rs 1.25 lakh crore

India has entered the development phase of a national action plan for inland small-scale fisheries, aiming to boost fish production to 30 million tonnes over the next five years, a senior official said. Union Fisheries Secretary Dr Abhilaksh Likhi, who formally launched the development phase of the National Plan of Action (NPOA) for small-scale inland […]